this could never work here. China's economy in large part is based on stolen intellectual property which we can't do here because laws. also we have insane welfare and immigration policies.
2026-11-09 20:37:27
189
babyboy :
USA uses taxes for welfare and grants. china uses taxes to try and directly optimize buissness
2026-11-10 00:14:14
85
BigFrankWillyWank :
oh yes China the home of freedom of speech and freedom 🤣
2026-11-12 00:43:55
0
Ricky :
Compare what China is doing in Africa to how we treat South America. China is building roads, factories in Zimbabwe for mineral rights. The US bombs, invades, overthrows governments and literally steals oil. China is building an economy in Africa that uses their mining and construction equipment.
2026-11-10 15:29:03
20
RyanO :
does the american government even have a goal?
2026-11-10 03:47:07
17
Jimbo :
I see videos of empty high-speed trains, ghost cities, fields full of brand new EVs and electric bikes rotting away. Huge bridges collapsing, elevated roadways falling over and other tofu dreg projects crumbling. Homeless people hidden away in tunnels, water and air pollution, college educated food-delivery drivers making next to nothing. Yet Chinese people just accept it…for now.
2026-11-10 17:34:25
6
JP :
Chinese companies don’t buy or own land. Local governments don’t sell land to my knowledge.
2026-11-09 22:29:28
17
Snek :
instead of wasting money on profit that exclusively goes to 14 people, it's prioritized for the benefit of the people actually doing the work. they're also heavily subjected to performance review (dialectical materialism). the core idea isn't that businesses are somehow structured differently, it's that they're expected to benefit the community before they benefit any "owner"
2026-11-10 01:37:42
44
Preston Storm :
want more stuff? subsidize it. want less stuff? tax it.
2026-11-10 00:35:17
7
jonescabphd :
Can you do a comparison to early American industrialization? I feel like we did similar things at the local level from building skyscrapers, highways, plumbing, corporate towns, suburbs, dams, etc. Today our govts don't care at all about infrastructure and building so we have hallowed out not just manufacturing but the planning and city local development too.
2026-11-10 03:02:54
5
Christopher Bacon :
Yeah I don’t think China wants to put more emphasis on domestic consumption (even though that would really help their economy). China wants to emphasize massive production and export to other countries to crush foreign competitors and increase comparative industrial strength. This will help China intimidate adversaries and control its population.
2026-11-09 21:30:25
7
Andreas Luber :
Currently reading 'Breakneck' from Dan Wang. He seems not to say gov tries to improve household consumption. Actually more like gov wants to span the full production scope: From low-end to highest end products. Households should save their money.
2026-11-09 20:19:26
9
user5368394609594 :
I thought they moved past trying to make it consumer driven….
2026-11-10 02:24:27
1
Erfan :
now that they are producing this much, how are they gonna increase the amount of household consumption? what kind of policy does that require? as you showed they are investing a huge percentage of their GDP in production but intetnational markets are not gonna consume all that. how are they gonna break this cycle and start consuming more internally?
2026-11-09 20:53:05
6
Gong :
What does "local government" mean specifically? Municipal level? State/Province level?
2026-11-09 20:08:37
4
hhh o :
The simplest and most important point is that officials' promotions are closely tied to local development.
2026-11-10 11:29:56
2
Birthday Bird :
It’s the 21st century’s “Great Leap Forward”
2026-11-10 11:18:09
1
1706jeffwint :
Also… Nina graduates 3+ million STEM students and 1+ million finance students every single year. It’s a nice problem to have.
2026-11-10 03:00:30
2
Skywalker Q :
Nah try to pronounce that first name 😅
2026-11-10 00:08:21
5
Angerismyname :
Malinvestmentmaxxing
2026-11-09 20:35:49
4
Jonny :
It is more to me a story about savings. They have giant savings pools through the party and the PLA. This generates long term money. Germany used pension funds with low return requirements but nothing like China
2026-11-10 00:10:46
4
barrynichols500 :
The Chinese government actually owns all the land (except for some collective farms).
2026-11-10 04:23:39
1
Pat :
This was a great review , I’m going to order this off Amazon for myself. Thanks!
2026-11-10 04:04:18
1
Kc :
Love this! We should all seek to understand first before staking an ideological position. Read more. Argue less.
2026-11-10 00:40:01
1
Colton :
This one has been on my list for a while
2026-11-09 20:04:21
2
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